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(IndoRama) Indo Rama complete technical analysis [charts+indicators] | Buy/Sell Indo Rama | (IndoRama) share price targets

Complete technical analysis of Indo Rama (IndoRama) by charts plus indicators, forecast predictions and share price targets for Indo Rama (IndoRama)

Showing technical analysis as on 2024-12-16 View latest technical analysis

10 day averaged volume of Indo Rama is 15186

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	44.13	44.90	44.95	43.84	0.26 times
13 Fri Dec 2024	43.64	43.56	44.57	42.72	0.712 times
12 Thu Dec 2024	44.16	45.05	45.05	43.99	0.18 times
11 Wed Dec 2024	45.27	44.70	46.13	44.70	0.575 times
10 Tue Dec 2024	46.16	44.30	46.47	44.30	1.95 times
09 Mon Dec 2024	45.90	43.99	46.35	43.50	3.167 times
06 Fri Dec 2024	43.68	43.83	43.88	43.00	0.365 times
05 Thu Dec 2024	42.97	43.53	43.74	42.50	0.722 times
04 Wed Dec 2024	42.87	41.45	43.04	41.45	0.106 times
03 Tue Dec 2024	42.20	43.70	43.70	41.98	0.546 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 44.5 as stoploss in an intra day sell trade for a target of 42.08. However, stock will show a bullish move above 44.5.

Share price targets for Indo Rama (IndoRama)

Target Type	Value
Downside Target	37.63
Downside Target	38.54
Downside Target	39.90
Downside Target	41.45
Downside Target	42.49
Upside Target	44.95
Upside Target	46.47
Upside Target	46.55
Upside Target	50.32
Upside Target	51.00
Upside Target	59.45

Intraday share price targets for Indo Rama (IndoRama)

Target Type	Value
Downside Intraday Target	43.66
Downside Intraday Target	43.2
Upside Intraday Target	44.77
Upside Intraday Target	45.42
Upside Intraday Target	44.31

Weekly technical analysis of Indo Rama (IndoRama)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	44.13	44.90	44.95	43.84	0.039 times
13 Fri Dec 2024	43.64	43.99	46.47	42.72	1.927 times
06 Fri Dec 2024	43.68	41.50	44.00	41.45	1.307 times
29 Fri Nov 2024	41.16	38.54	43.50	38.54	0.658 times
22 Fri Nov 2024	39.15	39.75	39.90	37.63	1.065 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indo Rama (IndoRama)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	44.13	41.50	46.47	41.45	0.531 times
29 Fri Nov 2024	41.16	42.98	44.95	37.63	0.362 times
31 Thu Oct 2024	42.18	49.98	50.32	38.57	0.331 times
30 Mon Sep 2024	49.73	47.00	59.45	46.55	4.37 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indo Rama (IndoRama)

Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indo Rama ( (IndoRama) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indo Rama ( (IndoRama) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Indo Rama in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indo Rama Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indo Rama is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.03 and Indo Rama (IndoRama) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Indo Rama (IndoRama) stock. Volume based technical analysis of Indo Rama (IndoRama) stock is negative.

Indo Rama Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.